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Super Micro Computer Inc (SMCI) is extending gains after the AI server maker said it had actively collaborated with Taiwanese authorities to intercept an illegal smuggling operation. In its press release, the company said it helped law enforcement arrest three suspects and seize 50 deceptively acquired servers destined for the restricted Chinese market. A sale… Continue reading What’s driving SMCI stock higher on Thursday?

Shares of Nebius Group (NBIS) climbed sharply on Thursday after a fund run by former OpenAI employee Leopold Aschenbrenner disclosed a sizable stake in the AI infrastructure company. The disclosure added fresh momentum to one of the year’s strongest-performing “neocloud” stocks. Nebius shares rose 11% during trading, reaching their highest level in roughly two weeks.… Continue reading Nebius stock jumps as ex-OpenAI researcher reveals major AI bet

Corsair Gaming (NASDAQ: CRSR) has been the talk of Wall Street this week, with shares rallying more than 30% on Thursday alone and as much as 100% in a matter of days. The catalyst? A dramatic pivot into artificial intelligence. On May 22nd, the gaming hardware firm unveiled CORSAIR PRO – a new lineup of… Continue reading AI pivot can’t save Corsair Gaming stock: find out more

Ondas (ONDS) is soaring on Thursday morning amidst a sector-wide rally on reports of the Trump administration considering funding domestic drone companies. According to The Wall Street Journal, the Defense Department is in discussions with several drone firms as Washington pushes to accelerate homegrown drone manufacturing capability. Despite today’s surge, Ondas stock is down nearly… Continue reading Why Ondas stock’s rally on Thursday is an opportunity to ‘sell’

Shares of Nvidia were largely unchanged on Thursday, but the chipmaker continues facing questions from investors about whether it can maintain its dominance in artificial intelligence hardware as the market evolves beyond graphics processing units (GPUs). Nvidia stock (NVDA) fell 0.12% in trading to $212.35, underperforming the broader S&P 500 and the Nasdaq Composite indices,… Continue reading Why is Nvidia stock underperforming broader market today?

Unusual Machines (UMAC) is breaking out on May 28, following reports that the Trump administration is in active negotiations to funnel federal funding to multiple US drone companies. Investors are cheering UMAC, believing it’s among those the Pentagon has identified for potential backing, especially since Donald Trump Jr. sits on its advisory board. Including today’s… Continue reading Unusual Machines stock is breaking out and it may have President Trump to thank

Wall Street reversed a weak start and turned positive on Thursday after reports emerged that the United States and Iran had reached a preliminary agreement aimed at extending the current ceasefire and launching negotiations over Iran’s nuclear program. The S&P 500 and Nasdaq Composite both climbed to fresh record highs during the session following the… Continue reading S&P 500 rebounds on reports of US-Iran 60-day ceasefire MoU

Shares of Dollar Tree DLTR surged on Thursday after the discount retailer reported stronger-than-expected fiscal first-quarter earnings, raised its full-year profit outlook, and announced a new delivery partnership with DoorDash. Dollar Tree stock jumped roughly 17% during trading, putting the shares on pace for their best single-day performance in nearly four years. The rally followed… Continue reading Why are investors rushing back into Dollar Tree stock?

The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it… Continue reading DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem